Winners - Fashion Company Profile
Winners is Canada's leading off-price family apparel retailer - founded in Toronto in 1982, acquired by TJX in 1990 as that company's first step abroad, and still patterned, in TJX's own words, after TJ Maxx.
Company Snapshot
- Status
- Operating - roughly 300 stores across Canada, the anchor chain of TJX Canada
- Type
- Division of TJX Canada, part of The TJX Companies, Inc. (NYSE: TJX); acquired by TJX in 1990
- Headquarters
- Canada (parent TJX headquartered in Framingham, Massachusetts, United States)
- Founded
- 1982 in Toronto, Canada, by David Margolis and Neil Rosenberg
Company Profile
Winners is a retailer, so this page carries no marketplace shop box; its official site, linked above, carries its current stores. The chain has passed the roughly 200-store Canadian potential its 2006 record imagined, reaching roughly 300 stores as the anchor of a TJX Canada that now also runs Marshalls and HomeSense - both profiled alongside it in this letter.
The customer description matches the parent company's: 'the Winners customer typically shops for her entire family, seeking excellent value on brand name fashions,' at the family-standard 20 to 60 percent below regular department store prices. The 2006 plans called for a net four additional Winners stores in 2007 and a belief that Canada could support approximately 200 Winners stores - a ceiling the chain has since passed comfortably.
TJX's First Step Abroad: 1982-1990
Winners was founded in Toronto in 1982 by David Margolis and Neil Rosenberg, and it holds a particular place in TJX history: its acquisition in 1990 was TJX's first move outside the United States, and the platform on which TJX Canada was built. Marshalls Canada (2011) and HomeSense (2001) both operate under the TJX Canada organization Winners anchors.
Today Winners counts roughly 300 stores across Canada. Of all the chains in TJX's 2006 record, it is the one whose description needs the least updating: leading off-price family apparel retailer in Canada, patterned after TJ Maxx, still accurate in both halves.
Common Questions
When was Winners founded, and who owns it?
Winners was founded in Toronto in 1982 by David Margolis and Neil Rosenberg. TJX acquired it in 1990 - its first international acquisition - and runs it today as the anchor chain of TJX Canada.
How many Winners stores are there?
Roughly 300 across Canada today, against 184 at year-end 2006, when TJX believed Canada could support about 200.
Is Winners the Canadian TJ Maxx?
In format, yes: TJX's own description says Winners is 'patterned after T.J. Maxx,' selling designer and brand-name family apparel, footwear and home fashions at off-price values.
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References & Further Reading
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